India Commits $20 Billion to Transform Maritime Infrastructure: Sonowal

In a major global announcement at the Nor-Shipping Conference in Oslo, Norway, Union Minister Sarbananda Sonowal revealed that India is committing $20 billion to the development of its maritime infrastructure. This ambitious investment aims to modernize port connectivity, promote multimodal logistics, and enhance trade facilitation while focusing on sustainability through the construction of three Green Hydrogen Hub Ports in Kandla, Tuticorin, and Paradip. The announcement highlights India’s growing role in shaping the future of global maritime transport and green energy.

Why in News?

Union Minister Sarbananda Sonowal, while addressing the Nor-Shipping Conference 2025 in Oslo, announced India’s $20 billion maritime infrastructure investment. The pledge focuses on green hydrogen production, alternative fuels, supply chain connectivity, and global trade corridors. This marks a significant step in India’s ambition to become a global maritime leader and achieve net-zero maritime goals.

Objectives of the Investment

  • Enhance port connectivity across India’s vast coastline.
  • Develop multimodal logistics for faster, more efficient cargo movement.
  • Promote sustainable shipping and green energy usage in maritime operations.
  • Strengthen participation in global trade corridors.
  • Expand seafarer employment through international cooperation.

Key Highlights

$20 Billion Maritime Infrastructure Plan

  • Targets modernization and expansion of Indian ports.
  • Supports development of logistics hubs and inland waterways.

Three Green Hydrogen Hub Ports

  • Kandla, Tuticorin, and Paradip identified for green hydrogen and derivatives production.
  • Aims to make India a pioneer in alternative maritime fuels.

Global Maritime Corridors

  • International North-South Transport Corridor (INSTC).
  • Eastern Maritime Corridor (EMC) connecting India and Russia.
  • India-Middle East-Europe Economic Corridor (IMEEC).

Shipbuilding and Investment Climate

  • Sonowal highlighted India’s shipbuilding capabilities and investment-friendly policies.
  • Focus on innovative financing to support industry growth.

Seafarer Collaboration

  • Urged stronger international partnerships to employ Indian seafarers.

Background & Static Info

  • India has 12 major ports and over 200 non-major ports.
  • The Ministry of Ports, Shipping and Waterways is driving the Maritime India Vision 2030.
  • India is targeting net-zero emissions in the maritime sector through green ports and low-emission shipping.
  • Green hydrogen is a key component in India’s National Green Hydrogen Mission.
Shivam

Recent Posts

Operation Vijay: India’s Historic Military Triumph

Operation Vijay was the name of India's military mission during the Kargil War, fought between…

14 hours ago

List of Countries Starting with Letter ‘K’, Know About Them

There are about 195 countries in the world and each one has a name that…

16 hours ago

Which District is Known as the Cherrapunji of Uttar Pradesh?

Some place in India are famous for getting a lot of rain every year. These…

17 hours ago

India Ratings & Research Cuts India’s Growth Forecast for FY26

India Ratings and Research (Ind-Ra), a leading credit rating agency, has revised India's GDP growth…

18 hours ago

Top-5 Cloves Exporting Countries in the World in 2025, Know About Them

Cloves are small, dried flower buds that come from the clove tree. They are widely…

19 hours ago

Public Sector Banks Write Off Over ₹12 Lakh Crore In last 9 Years

In a significant financial disclosure, the Ministry of Finance recently informed the Rajya Sabha that…

19 hours ago